Monday, March 29, 2010

Chapt. 3 lecture: Accounting costs don't mean squat

1 comment:

  1. I didn't watch the presentation, but the title reminded me of a similar impression when I was taking managerial accounting. A lot of it seemed pointless since it was trying to evaluate decisions with hindsight, when decisions are made forward thinking and thus should be evaluated in context of the decision before the actions.